Hope Orphan Home Foundation NFP

Analysis

Hope Orphan Home Foundation NFP is a registered charity in United States, based in Athens, IL. It received its IRS tax-exemption ruling in April 2021, 5 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Hope Orphan Home Foundation NFP reported income of $283k and spending of $245k, spending 87% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $227k to $283k (+25%), an average of +25% a year. The sharpest change came in the year to December 2023, when income rose by 25%. Over the whole period it spent 96% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Hope Orphan Home Foundation NFP sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 61st percentile within IL. Charities of a similar size with the same main cause include Caring Voices ($283k), Families Helping Families ($283k) and New American Resources Center Inc ($283k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 81% of the total. At year end it held assets of $118k against liabilities of $3,168, net assets of $115k.